Investment of 325 million USD of Elena Baturina in Morocco
The company Inteco founded by Elena Baturina, which is the richest woman in Russia and wife of the Mayor of Moscow - Yuri Luzhkov, will invest in the creation of a resort complex in Morocco, writes Journal Comersant.
Inteco, through its subsidiary company Kudla Group will invest $325 million and will build resort complex on the surface of 2 million square meters. On an area of 48 hectares will be built hotels, sports centres, entertainment Houses, golf course and many more interestin tourist attractions.
The company will implement three projects in Morocco. From Inteco explained that Kudla has five projects in the north African country, the overall area of 1500 hectares.
Inteco was founded in 1991 by Elena and Victor Baturini. Since 1996 its sole owner is Elena Baturina. In Kudla Group has participation and businessman, dependent to a Moroccan government.
Experts note that the choice of Morocco as a place to invest in luxury resort projects is not random. The country has shown positive growth and high nedvizhimostite indicators yield on lease.
Labels: Business News
posted by Zoritza Petrova @ 7:09 AM
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